Hi,I'm looking to purchase a 4 plex currently. I found a neighborhood I like but was trying to think of ways to find out the types of properties there. I plan on driving the neighborhood but does anyone have any alter...
Hi all,
I just got a six-unit apart in MA. I reached out to automatic laundry and they proposed to rent my basement to provide laundry service to my tenants. They will cover the equipment, maintenance; and I provide...
Hi, I have been reading about the 50% rule and I use it for my rough analysis. My question is: Is he 50% rule enough to cover major expenses if you plan on holding the property for many years (roofing, AC, etc) or do ...
My self and my company are looking into getting into managing 50+ unit apartments in the Virginia Beach/Norfolk area. It would be a huge help if someone had some more resources like books or online courses to jump st...
I'm looking to convert my primary residence to rental before the end of the year. There are some maintenance and improvements necessary to make suitable for rent. For example, I need to fix some gutters and downspout...
We have an eight unit commercial strip center with mixed-use tenants including retail and restaurant. One tenant is complaining they are constantly having to remove trash from the parking area and along the store fron...
I seem to be spending lots more than I want to on my properties since I starting using a property manager. Anyone else have this problem?
Hey BP - I am vetting a few PM companies and one company sent me their schedule for maintenance which is on top of the 10%/month management fee. The rates are pasted below. Is $40/hr for unskilled light labor reasona...
Hi everyone! Just completed the purchase of my first rental and spread is great! My question is what are some tips and advice to keep renters renting? I have a tenant who is very respectable clean and pays on time eve...
Hi everyone - Looking for some advice on a property I'm considering purchasing.Offer price is 1.425m - Financing available is 4% with 20% down required. Monthly rent income is $13,760.Monthly Expenses are:Insurance: $...